Project Finance European & Africa Deals of the Year 2011

Project Finance Magazine is Euromoney Publications' flagship international infrastructure finance title. It has been publishing for 27 years and covers a range of sectors including oil & gas, power, renewables, transport and public-private-partnership. The magazine's subscribers are global and comprise project developers, bankers, consultants, lawyers, multilaterals and the public sector.

The Project Finance Awards - started 13 years ago - are for innovation, deal repeatability, best practice, problem solving, risk mitigation, value for money and speed of delivery in the financing of infrastructure projects, large or small.

All deals are vetted by our team of journalists and shortlisted via a weighting system based on the categories above. The shortlist is debated by the team and independent industry contacts. The final decisions are made via a further, more detailed, weighting system. On average 300-350 of the best deals of the given year are entered for the awards.

Since the liquidity crunch of 2008, followed by the September collapse of Lehman, we have judged all deals in the context of the lending climate at time of financial close, whilst also giving repeatability of deal structure in the new climate a slightly higher weighting than in previous years.